Question: please reply to me as soon as possible Please use the following projections for Top-A1 Inc.: Total sales of $150,000 . Cost of goods sold
Please use the following projections for Top-A1 Inc.: Total sales of $150,000 . Cost of goods sold equal to 75.4 percent of sales Total expenses equal to 14.4 percent of sales Tax rate of 35 percent Beginning equity of $52,000 Beginning inventory of $11,000 Age of ending inventory of 60 days Minimum cash balance of $9,700 Accounts receivable of 31 days Fixed assets of $57,700 Accounts payable of 35 days Calculate the projected accounts receivable for Top-A1. . The projected accounts receivable are $ (Round to the nearest dollar.)
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